Kotaku has what they say is the letter sent to all the (now former) staff of THQ by CEO Brian Farrell and president Jason Rubin. This outlines how some of the company's assets have been divided, noting that some properties remain unsold, including their publishing operation, Vigil, and some other IPs. Here are the details provided in the letter, which remain unconfirmed at the moment:

Yesterday morning, we received a competing bid for the operating business, along with Clearlake's offer, and numerous offers for separate assets.

During an auction process that lasted over 22 hours, the final conclusion was that the separate-asset bids would net more than a single buyer for the majority of the company.

Shortly, we will, present the results to the U.S. Bankruptcy Court, which must concur with our assessment.